RITES

Rites Ltd.

Sector: Construction
Industry Group: Construction
222.75-0.4 (-0.17%)
9 Jul, 3:30 PM

Stock News

Rites Ltd. latest news covering earnings updates, regulatory announcements, analyst actions and market-moving events.
Economic Times
Economic Times
RITES shares soar 9% after bagging a $36 million locomotive supply order from South Africa
RITES secured a $36 million locomotive supply contract from South Africa for the supply and commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives, with execution scheduled over 20 months. Additionally, the company received a Rs 175.41 crore consultancy project from Babasaheb Bhimrao Ambedkar University for infrastructure development, set to be executed over 30 months. RITES also signed an MoU with Container Corporation of India for project management consultancy services.
7th Jul '26 5:24 am
Read full article on economictimes.indiatimes.com
LiveMint
LiveMint
RITES share price jumps over 8% after bagging overseas locomotive supply order worth $36 million
RITES has secured an export order from Volantis Asset Finance Pty Ltd., South Africa, for the supply and commissioning of 4000 HP Cape Gauge diesel electric locomotives valued at $36 million, scheduled for execution over 20 months. Additionally, the company announced a Project Management Consultancy order for infrastructural development at Babasaheb Bhimrao Ambedkar University, with a project cost of 175.41 crore and a 30-month execution timeline.
7th Jul '26 4:07 am
Read full article on livemint.com